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29 September, 15:50

Egbert, age 16, purchases a $500 video game system and a $50 computer chair from CompuStore. Egbert changes his mind, and wants to avoid the contract for the video game system but not the computer chair. Egbert may a. may not disaffirm the contract because it is for necessaries b. only disaffirm the entire contract c. disaffirm only the computer chair because it is incidental to the contract d. disaffirm part of the contract for the video game system as Egbert wishes.

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  1. 29 September, 18:53
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    b. only disaffirm the entire contract

    Explanation:

    Breaking a contract is a term used economically to refer to the right of every citizen to waive a contract with a company and to nullify any legal obligations that are imposed by that contract. An example of this can be seen in the above question that shows Egbert's case. Egbert has entered into a contract with CompuStore to purchase a video game system and a computer chair, but Egbert wants to avoid the video game system contract, in which case he must terminate all the contract and then make a new contract only to The computer chair.
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